Careers in International Business
International business continues to grow as businesses seek ways to expand overseas and gain a share of the global market. A myriad of factors can affect a company’s development in the international market.
As the world economy becomes increasingly integrated, the international business person is more important than ever. Consequently, the demand for international business education is higher than ever and expected to increase. Specialists who understand the diversity of international business – and are armed with strong business school background – can be valuable participants in global business ventures.
Many people don’t really understand international business. They think international business means working in other countries or for an international company. As a matter of fact, only ten percent or less of students majoring in international business will be working overseas. 90 percent of students who take international business class will be working in the global environment (domestic global workplace).
The majority of jobs in international business involve sales and marketing – in a traditional employee role, on contract, or as an entrepreneur. International business on-line can be the backbone for economic, political and social systems at all levels.
Many jobs in international business can be done in your own community, where you’ll deal with a representative in another country who will liaise between you and your end consumers.
Vocabulary Notes:
1. diversity [daı`və:səti] – відмінність, несхожість; різниця, різноманітність; поет. строкатість;
2. background [`bækgraund] – підготовка, кваліфікація; передумова, підґрунтя; історія питання; вихідні дані;
3. to major (in) [`meıGə] / [`meıGər] – спеціалізуватися з якогось предмету (у коледжі; у якійсь галузі);
4. sales and marketing [`seıəlz ænd `mα:kıtıŋ] – маркетинг і збут (продаж);
5. backbone [`bækbəun] – головна опора; основа, суть;
6. community [kə`mju:nəti] – община, громада; суспільство; спільність;
7. to liaise (between) [li`eız] – підтримувати зв’язок.
Task 6. Answer the questions.
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1. Why does international business continue to grow?
2. Are there many factors that can affect a company’s development in the international market?
3. What makes the international business person today more important than ever?
4. Is the demand for international business education high these days? Why?
5. Who has got a chance of becoming a valuable participant in global business ventures?
6. Many people don’t really understand international business, do they?
7. How is the concept of international business typically interpreted by the general public?
8. What is the percentage of university graduates who get their jobs in overseas offices of international companies?
9. What does the notion of “domestic global workplace” suggest?
10. What do the majority of jobs in international business involve?
11. What form of international business can be the backbone for economic, political and social systems at all levels?
12. Are there many jobs that can be done in your own community?
Task 7. In the text “Careers in International Business” (Task 5) find synonyms of the following words and word combinations:
| 1.variety; | 3.experts; | 5.a number of; | 7.multinationals; | 9.to acquire, get; |
| 2.abroad; | 4.to look for; | 6.to influence; | 8.more and more; | 10.to extend, enlarge. |
Task 8.Supply prepositions where necessary.
1. 90 percent of students who take international business class will be working (1)_____ the global environment (domestic global workplace).
2. A number of factors can affect (2)_____a company’s development (3)_____ the international market.
3. As a matter of fact, only ten percent or less of students majoring (4)_____ international business will be working (5)_____ overseas.
4. International business on-line can be the backbone (6)_____ economic, political and social systems (7)_____ all levels.
5. Many companies seek ways to expand (8)_____ overseas and gain a share (9)_____ the global market.
6. Many jobs (10)_____ international business can be done (11)_____ your own community, where you’ll deal (12)_____ a representative (13)_____ another country who will liaise (14)_____ you and your end consumers.
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7. Specialists who are armed (15)_____ strong educational background – can be valuable participants (16)_____ global business ventures.
8. The demand (17)_____ international business education is higher than ever before.
9. The majority (18)_____ jobs (19)_____ international business involve sales and marketing – (20)_____ a traditional employee role, (21)_____ contract, or as an entrepreneur.
10. They think international business means working (22)_____ other countries or (23)_____ an international company.
Task 9. a)Pay attention to the usage of the words.
| · To affect – to change or influence something. If something affects something else, it has an effect on it. · Effect – a change that is produced in one person or thing by another. |
b) Translate into Ukrainian paying special attention to the words in italics.
1. How will these changes affect us?
2. Our attempts have had adverse effects.
3. Your opinions will not affect my decision.
4. The area has been badly affected by pollution.
5. What are the long-term effects of this strategy?
6. A number of social factors affect life expectancy.
7. What factors affected your decision to take the job?
8. We are still feeling the effects of the stock-market crash.
9. The fall in tourism is having an adverse effect on business.
10. Scientists are studying the chemical’s effect on the environment.
11. The type of audience will affect what you say and how you say it.
12. Research has shown that the weather can affect people’s behaviour.
13. It is known that poor housing significantly affects educational achievement.
14. The NAFTA agreement has had little effect on the lives of most Americans.
15. East German companies were suffering the adverse effects of German economic union.
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